USDX vs. GSST
Compare and contrast key facts about SGI Enhanced Core ETF (USDX) and Goldman Sachs Access Ultra Short Bond ETF (GSST).
USDX and GSST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USDX is an actively managed fund by Summit Global Investments. It was launched on Feb 28, 2024. GSST is an actively managed fund by Goldman Sachs. It was launched on Apr 15, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USDX or GSST.
Correlation
The correlation between USDX and GSST is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
USDX vs. GSST - Performance Comparison
Key characteristics
USDX:
4.90
GSST:
8.12
USDX:
8.08
GSST:
15.54
USDX:
2.24
GSST:
4.20
USDX:
10.00
GSST:
23.83
USDX:
50.75
GSST:
158.79
USDX:
0.15%
GSST:
0.04%
USDX:
1.50%
GSST:
0.73%
USDX:
-0.74%
GSST:
-3.51%
USDX:
-0.12%
GSST:
0.00%
Returns By Period
In the year-to-date period, USDX achieves a 1.62% return, which is significantly lower than GSST's 1.75% return.
USDX
1.62%
0.07%
2.82%
7.35%
N/A
N/A
GSST
1.75%
0.30%
2.54%
5.76%
3.22%
N/A
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USDX vs. GSST - Expense Ratio Comparison
USDX has a 0.98% expense ratio, which is higher than GSST's 0.16% expense ratio.
Risk-Adjusted Performance
USDX vs. GSST — Risk-Adjusted Performance Rank
USDX
GSST
USDX vs. GSST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Core ETF (USDX) and Goldman Sachs Access Ultra Short Bond ETF (GSST). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
USDX vs. GSST - Dividend Comparison
USDX's dividend yield for the trailing twelve months is around 6.04%, more than GSST's 5.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
USDX SGI Enhanced Core ETF | 6.04% | 4.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GSST Goldman Sachs Access Ultra Short Bond ETF | 5.23% | 5.45% | 4.98% | 1.97% | 0.71% | 1.12% | 1.66% |
Drawdowns
USDX vs. GSST - Drawdown Comparison
The maximum USDX drawdown since its inception was -0.74%, smaller than the maximum GSST drawdown of -3.51%. Use the drawdown chart below to compare losses from any high point for USDX and GSST. For additional features, visit the drawdowns tool.
Volatility
USDX vs. GSST - Volatility Comparison
SGI Enhanced Core ETF (USDX) has a higher volatility of 0.71% compared to Goldman Sachs Access Ultra Short Bond ETF (GSST) at 0.43%. This indicates that USDX's price experiences larger fluctuations and is considered to be riskier than GSST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.